Logitech to buy video conferencing company LifeSize Communications for $405 million
Logitech to buy LifeSize Communications for $405M Logitech’s fiscal 2nd-quarter profit drops less than expected; shares hit new year highFREMONT, Calif. — Better-than-expected sales helped Logitech International on Thursday post a smaller decline in quarterly profit that Wall Street expected, and shares rose to a new year high. Mattson Tech shrinks 3Q loss to $8.6 million, says business is improvingFREMONT, Calif. — Semiconductor equipment maker Mattson Technology Inc. said on Wednesday that it shrank its quarterly loss to $8.6 million, though sales plummeted from a year ago. Lam Research reports 3rd-quarter profit nearly doubles, beating analyst expectations of a lossFREMONT, Calif. — Lam Research Corp., which makes equipment for the semiconductor industry, said Wednesday its third-quarter profit nearly doubled as it slashed costs and boosted margins, blowing past Wall Street expectations of a loss. Volterra says 3rd-quarter profit drops on lower sales, stock options issue; shares tumbleFREMONT, Calif. — Volterra Semiconductor Corp. said Monday its third-quarter profit dropped 36 percent as revenue tumbled amid the tech spending slump and it booked hefty costs for stock-option compensation. Solyndra begins building second solar plant using $535M federal loanFREMONT, Calif. — Solyndra Inc. said Friday it has started building the second phase of a massive solar panel manufacturing plant in Fremont. Train rams empty car as Nebraska driver suspected of drunk driving hides from policeFREMONT, Neb. — Authorities said a man’s empty car was hit by a passing train as he hid from a deputy nearby. Dodge County Sheriff Steve Hespen said a 21-year-old man was arrested early Tuesday morning on suspicion of drunken driving, reckless driving and for not having a driver’s license. Volterra 2Q earnings tumble 80 percent as sales fall, but results still beat estimatesFREMONT, Calif. — Volterra Semiconductor Corp. on Monday reported an 80 percent decline in second-quarter earnings as lower sales and higher expenses cut into the chipmaker’s bottom line. Virage Logic expands presence in India to serve growing market demand for broad IP portfolioFREMONT - Virage Logic Corporation, the semiconductor industry’s trusted IP partner, announced it has expanded its presence in India with the appointment of CoreEL as its sales representative. Exar CFO J. Scott Kamsler resigns, Finance VP & Controller Kevin S. Bauer named as replacementFREMONT, Calif. — Chip maker Exar Corp. said Tuesday its chief financial officer and senior vice president, J. Scott Kamsler, has resigned. Police in Nebraska say woman suspected of drunken driving caused $26,000 in damages on driveFREMONT, Neb. — Police say a woman arrested in Nebraska on suspicion of drunken driving hit fences, garages and a house as she left a $26,000 trail of destruction. Neb. police say woman hit 3 fences, 2 garages, a pole and a house in $26K trail of destructionFREMONT, Neb. — Police said a woman left a $26,000 trail of destruction behind her before she was arrested on suspicion of drunken driving. Sgt. Ed Watts said the woman’s car struck a fence as she was trying to turn into an alley Thursday night. |